Town Haul Rewind: Mitch Weiss and Stephen Goldsmith (season 4)
In Town Haul’s season opener, host Amy Taylor gave control of the show to Stephen Goldsmith, the former Mayor of Indianapolis, former Deputy Mayor of New York City, and current Professor of Practice at Derek Bock, Stephen Goldsmith City Policy Ph.D. and Director of the American Government Innovation Program at Harvard University's Kennedy School of Government. Goldsmith’s lengthy resume ensures that he is the right person for the job, because he interviewed Harvard Business School professor and published author Mitchell Weiss about his new book “Our Possibilities: Using Public Entrepreneurship to Solve Our Most Urgent issue".
The incredible story about the new book that inspired him:
Mitchell Weiss: "I wrote most of the book in this episode after the Boston Marathon bombing. At the time I was the chief of staff of Mayor Menino, and the best day in Boston was ruined. . But immediately this kind of generosity began to pour in from all over the world. What can we do for you? Many are in the form of money. Normally, what the city does after these tragedies is that the large towns Institutions, local community foundations that may have existed for decades, collect and distribute funds.
But our knowledge is that when this happens, the way the funds are spent is too different to really help the people most affected, or it's too late. We decided to start our own new fund. The head of the local foundation is not satisfied with this. The day after the bombing, he said to me: "You know that the money you raise will decrease. You can't start new things." We did it anyway. We were up and running on our PayPal account that night, and on the post office box the next morning. We finally raised and distributed US$60 million in 75 days, which is the fastest rescue operation of its kind in the country’s history.
The foundation says that we cannot do what we have done. By the way, they may be right because most new things will not succeed. So I started writing this book to really try to answer this question, can the government do new things? Can we solve public problems anymore? In the book, I gave this answer. "
Under the conditions of allowing possible governments:
Mitchell Weiss: "Of course, we need public leaders who are willing to try new things and have the courage to do it. I think they don’t actually need to be very brave if they are capable of doing this, because we Invite them to take risks for your project, but also try to help them acquire skills that do not actually take more risks. You need elected and appointed leaders, and they are basically proficient in public entrepreneurship. I think another condition is that the public needs Participate in this game. They need to be willing to let public leaders take risks. I think they even need to encourage public leaders to do so. They will need to approve their joint participation."
Regarding the use of public funds for government experiments:
MITCHELL WEISS: "The government is actually very suitable for pursuing innovation with public funds. Throughout our history, the government has been spending a penny from the public on innovation. When the government invents itself, this is an unlikely approach, right? What Washington calls an experiment. But, at the same time, they are fighting fiercely on how and from where to collect the income of this country, and they are using it to invent public institutions. So, I’m trying to eliminate that we shouldn’t be in public The myth of spending public money on experiments. We have and should."
Morning routine of two Harvard faculty members:
MITCHELL WEISS: "Keep the kids full and ready for school."
STEPHEN GOLDSMITH: "Peloton, then start working."
Regarding their advice to the young self:
MITCHELL WEISS: "You don't have to follow all the rules."
Stephen Goldsmith: "Take more risks."
Listen to more episodes of the Town Haul podcast.
Amy Koonin Taylor is the marketing content and media manager for Rubicon. In order to stay ahead of the new global partnerships and cooperation announced by Rubicon, be sure to follow us on LinkedIn, Facebook, and Twitter, or contact us immediately.